Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Market
Ethereum MVRV Score Signals Cooling Market Momentum – Time To Buy?
In line with the general crypto market, Ethereum (ETH) produced a positive price performance in the past day with a significant 4.50% gain, according to data from CoinMarketCap. Following this price rise, the altcoin moved its weekly profits to around 1.35% after what has been a turbulent trading week. However, certain market indicators signal the ETH market remains far from a bullish breakout. Ethereum MVRV Far From Critical Bullish Level, Analyst Says In an X post on Friday, crypto analyst…
8 months ago
Bitcoin Price Hits $63,000 – Is The Market Set For Takeoff?
According to data from CoinMarketCap, Bitcoin (BTC) gained by 4.08% in the last 24 hours as it briefly traded above the $63,000 price mark. Notably, this price rise comes following a decline that saw the market leader trade below $59,000 on Thursday. While the market sentiment is currently bullish, certain conditions are needed to procure an actual bullish breakout. Bitcoin On The Brink Of Short-Term Bullish Run Following Bitcoin’s price ascent to around $62,000 on Friday, CryptoQuant analyst with the…
8 months ago
Celestia (TIA) Leads Crypto Market With 16% Surge, Will It Hit $7 This Month?
Celestia (TIA) has displayed a remarkable performance over the week, swiftly recovering from the early October crash. The token is now leading the crypto market’s recovery in the daily timeframe, suggesting a possible continuation of its bullish momentum before the month ends. Celestia Leads The Crypto Market TIA, the native token of modular blockchain Celestia, has seen a 7.3% surge in the past week. The cryptocurrency recovered from the October 3 lows, moving from the $4.5 support level to trade…
8 months ago
Helium (HNT) Falters 15% As Crypto Market Tries To Bounce Back
While Helium Mobile has enjoyed phenomenal success, the network has failed to keep pace, with the general market pulling it down further and with losses being multiplied as the market drops low. According to the latest market data, HNT, the native token of the network, dropped about 15% over the last two weeks which may endanger winnings pocketed in the last month. However, investors and traders are banking on recent developments that might turn the tide once the market recovers…
8 months ago
Market Insider Expects This AI Token to Surge From $0.035 to $7 by Mid-2025, Outpacing FTT and HBAR
A market insider has forecasted a significant rise for a particular AI token, with its value predicted to skyrocket from $0.035 to $7 by mid-2025. This bold claim suggests it will outperform major cryptocurrencies like FTT and HBAR. Curious investors are eager to learn more about this potential game-changer and discover which coins are positioned for extraordinary growth. CYBRO Presale Achieves $3 Million Milestone: A One-in-a-Million Investment Opportunity CYBRO is capturing the attention of crypto whales as its exclusive token…
8 months ago
Crypto recovery is on – market just doesn’t realise it yet
A lot of negative news and sentiment is still beating down upon the crypto market. On Thursday it was hotter than expected inflation, plus the SEC going after yet another crypto infrastructure provider. However, Bitcoin bulls are continuing to push the $BTC price towards a new uptrend, while the crypto market in general is showing good signs of recovery. Negative news keeps the lid on the $BTC price Inflation showing a slightly bigger increase than expected, and the SEC going…
8 months ago
Road to $15 Billion Market Cap: This Token Is Set to Overtake Dogecoin (DOGE) and Toncoin (TON) Among the Crypto Top 10
The volatility in the fortunes of the cryptocurrency market has always been common. The likes of Dogecoin (DOGE) and Toncoin (TON) have in history experienced exciting successes and made it into the top 10 powerful tokens due to the fickle nature of the marketplace. Yet as the market evolves, some new players could dethrone these powerful emerging markets’ coins. One of them is Rexas Finance (RXS), a promising project that has made headlines lately due to its ambitions of addressing…
8 months ago
Second XRP ETF Filing Hits The Market, How Did The XRP Price Respond?
The crypto ETF market is expanding at an alarming rate, with news of a second XRP Exchange Traded Fund (ETF) filing spreading across the space. Canary Capital, a boutique Sydney investment and corporate advisory firm has just filed an XRP ETF, following Bitwise’s lead. With the new ETF filing, the price of XRP could see a possible change in the future. Canary Capital Files New XRP ETF On Tuesday, October 8, Canary Capital submitted an official S-1 filing for an…
8 months ago
Analyst Warns Of Bitcoin Market Shift: Are We Near A Major Sell-Off?
Bitcoin has recently seen quite an interesting trend in its key metrics suggesting a significant movement ahead, according to a post by CryptoQuant analyst Amr Taha. The post, shared on the CryptoQuant QuickTake platform, highlights notable changes in both long-term and short-term holder behaviour of Bitcoin, as well as in realized profit and loss figures. Key Bitcoin Metrics Suggesting Market Shifts Taha begins by explaining the fundamental difference between short-term and long-term Bitcoin holders. Short-term holders (STH) are traders who…
8 months ago